NetworkNewsWire Announces Publication on Increasing Adoption of Blockchain Technology

January 12, 2018 8:35 AM EST | Source: NetworkNewsWire

New York, New York--(Newsfile Corp. - January 12, 2018) - an organization focused on supporting service providers to incorporate SD-WAN technology into their existing services to develop a decentralized Internet. Multapplied Networks is already serving a considerable portfolio of global partners across North America, Europe, Africa, Asia and Australia.

A promising industry with regard to blockchain implementation for secure transactions is the fast-growing sports betting industry - another sector Victory Square is already exploring. The global online gambling market is expected to reach $59.79 billion in 2020 from $37.91 billion in 2017, according to Statista. Of this, the esports segment is responsible for over $696 million in revenue for 2017, a figure expected to increase to $1.5 billion by 2020, according to a Newzoo report (http://nnw.fm/X1llW). While traditional payment services such as digital wallets and banks have been typically wary of supporting the online gambling sector, blockchain technology has the potential to significantly transform the industry by enabling easier payments, a more transparent betting process and overall more positive experiences for the users.

About Victory Square Technologies Inc.

Victory Square is a venture builder that creates, funds and empowers entrepreneurs predominantly focused on blockchain technology, virtual reality, artificial intelligence, personalized health, gaming and film. As a technology incubator, Victory Square invests in game-changing entrepreneurs who are provided access to education programs, global mentorship networks, distribution partners, creative workspaces, resources and other forms of operational support to help them scale internationally. For more information, visit www.VictorySquare.com.

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today's market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.

Corporate Communications Contact:

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

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